Queensland's new arts minister says it is "disappointing" that local companies will miss out on new funding under the federal government's Creative Australia policy.

The Creative Australia blueprint was released today after four years of consultation on a national cultural strategy — the first since Paul Keating's Creative Nation 18 years ago.

Six arts companies in New South Wales, Victoria and Western Australia have won an extra $9.3 million to fund touring and education programs. They include Sydney's Belvoir Street Theatre, Melbourne's Circus Oz, and the Black Swan Theatre in Perth.

"We certainly think there would be many Queensland companies worthy of that further support," Arts Minister Ian Walker said.

He said Queensland was already missing out on its "fair share" of arts funding.

"Given the decentralised state that we have, if we are to fulfil our policy of getting arts to all Queenslanders, we need in fact a bit more funding to make sure we get it out there," Mr Walker said.

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The Artistic Director of La Boite Theatre, David Berthold, said it was a good thing that major performing arts organisations had done very well, but that he'd hoped a "mid-tier" company such as La Boite could also benefit.

"We know from years of research and documentation that the small-to-medium sector does a lot of the heavy lifting when it comes to breaking new creative ground, building pathways and finding new audiences," Mr Berthold said.

"It's also the sector that finds itself the most stretched."

Mr Berthold said an extra $75 million for the governing funding body the Australia Council was "long overdue", and that he was pleased at the acknowledgement of creativity and culture in Australian life.

"It's good to see that the policy acknowledges both excellence in training and professional practice, and the importance of grass-roots activity," he said.

Mr Walker said he has yet to read the just-released document in full, but believed Queensland was already working on some of its key recommendations.

"A focus on philanthropy, on more collaboration and partnerships, are already a strong part of what we're doing," Mr Walker said.

"We have a meeting of cultural ministers in a couple of weeks' time... by then we will have formulated our position in much more detail."